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Cardano Google Search Surge Fuels Talks of 300% ADA Price Breakout

thecryptobasic.com

3 day ago

Cardano Google Search Surge Fuels Talks of 300% ADA Price Breakout

Notable market watchers recently highlighted that Cardano search interest in Google Trends matches the levels last seen in November 2024. This has raised expectations of a potential price breakout for ADA. Notably, Cardano saw significant price growth between April 7 and April 14, 2025, with its value increasing by 22.86%, from approximately $0.54 to $0.66. However, the price has dropped slightly over the past 24 hours. Despite this minor pullback, ADA’s overall momentum remains relatively strong. Cardano Google Search Surge In a tweet, market commentator “Angry Crypto Show” pointed to the surge in Cardano search volume as a potential bullish signal. According to the commentary, global search interest for Cardano on Google Trends closely mirrors a spike observed on November 2, 2024. Notably, ADA’s price jumped nearly 300% during that previous surge, climbing from around $0.36 on November 2 to $1.14 by November 23. The latest uptick in search volume has led some to speculate that Cardano could be poised for a similar rally. A commenter to the post shared this perspective, adding to the expectations of a possible breakout. However, an analysis by The Crypto Basic clarified that the reported spike in Cardano’s search interest actually occurred in early March. At the time, ADA was trading above $0.75. Since then, search interest on Google has declined, reflecting the asset’s price drop over the past 30 days. Cardnao Google search interest Factors Behind Cardano Interest Surge Notably, several key developments are shaping the continued interest in Cardano. On April 12, Charles Hoskinson, the platform’s founder, revealed that it has now achieved full decentralization. This milestone marks the culmination of over ten years of development efforts. During a live stream, “See you on the other side,” Hoskinson reflected on Cardano’s journey and highlighted the accomplishments under the Voltaire governance framework. He also indicated that he might step back from his active role in the ecosystem. Along with this message, IOHK’s product manager shared that Cardano had processed an impressive 15.5 billion transactions in just 24 hours. This surpasses the daily transaction capacity of Visa, which handles approximately 65,000 transaction messages per second. 🎯 BULLISH: Cardano Outpaces Visa with Hydra's Groundbreaking 15.5 BILLION Transactions in a Day! 🔥 $ADA Source: InputOutputHK pic.twitter.com/jjULR1YgzV — CryptosRus (@CryptosR_Us) March 21, 2025 Cardano Long-Term Price Stagnates However, despite these advancements, Cardano’s price has continued to trade below $1. Analyst Jesse Olson shared a chart on X showing that ADA is trading in the same price range of $0.55 to $0.60 where it traded 1,519 days ago. Several surges and corrections have marked this long-term stagnation. However, ADA has yet to achieve a new all-time high. The analysis emphasized that past performance does not assure future success, questioning the belief that long-term holding through multiple market cycles guarantees profits.

https://thecryptobasic.com/2025/04/14/cardano-google-search-surge-fuels-talks-of-300-ada-price-breakout/?utm_source=CryptoNews&utm_medium=app